Farage SLAMS HMOs: "Blaming Landlord for Housing Illegal Migrants and Wr...

Nigel Farage has once again ignited controversy, this time turning his sights on the UK’s House in Multiple Occupation (HMO) sector. Speaking out this week at a Reform press conference in Dover, Farage claimed that HMOs are not only damaging communities but are increasingly being used to house illegal migrants and asylum seekers, often at the taxpayer’s expense.

Watch video - https://youtu.be/NKaPZj-APgw

Farage, who could become the next UK Prime Minister according to the polls and recent local election results, argued that the rapid growth of HMOs—particularly in urban areas—is "a symptom of a failed immigration and housing policy." He criticised how private landlords and government contracts are turning residential streets into overcrowded multi-let properties, undermining local cohesion and public services.

While HMOs can be a profitable property strategy, especially for landlords seeking higher yields, they’ve become controversial. Local residents often complain about noise, rubbish, overcrowding, parking and falling property values. Councils have responded with Article 4 directions and tougher licensing schemes.

Is this another nail in the coffin for buy-to-let property investment, and further reasons for landlords to get out of the UK property market?

In recent years, landlords have had to contend with:

·        Section 24 landlord tax – watch accountant explain tax and solutions - https://youtu.be/aMuGs_ek17s

·        Increased tax and

·        Increased red tape and regulation.

Now, landlords are facing Labour’s Renter’s Rights Bill and the end to Sec 21 ‘no fault evictions’. See full episode - https://www.youtube.com/watch?v=Wx1HXgVW1bM&t=400s

The latest episode of the Charles Kelly Money Tips Podcast explores the truth behind these claims, what it means for property investors, and the future of HMO investments in the UK. Please like and subscribe - https://www.youtube.com/@charleskellymoneytipspodca9121

In the next Charles Kelly Money Tips Podcast episode, I will tell you why I’m getting out of buy-to-let property after 30 years!

There are many more money making property strategies than buy-to-let. The important thing is to get the right property education from experts who have made millions in UK property.

For more information on a free “NO MONEY DOWN PROPERTY” webinar, email charles@charleskelly.net

 

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